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Total 14 results found. Search for [ POS terminal ]

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BusinessToday.In
New Delhi, August 9, 2018
IMF sees Indian economy as an elephant that is starting to runThe International Monetary Fund (IMF) believes the $2.6 trillion economy is an elephant that is starting to run.What's more, its latest report on India not only reaffirms that the country is \"again one of the world's fastest-growing economies\" - accounting for about 15 percent of global growth - but also that India it could be what China previously was for the world economy.The report's favourable medium-term outlook re...


Danny D'Cruze
New Delhi, August 3, 2018
Credit and debit cards come in plenty colours and each has a special feature attached to it. Right from the basic cards to the premium cards that charge a hefty annual fee.


BusinessToday.In
New Delhi, July 20, 2018
In a letter to the chief executives of banks, the finance ministry said that the banks should start providing NFC-enabled credit and debit cards as it is the next generation of innovation in plastic money.


BusinessToday.In
New Delhi, June 20, 2018
Data released by the Reserve Bank of India shows an increase in cash withdrawals from automated teller machines (ATMs) by 22 per cent in April from a year ago to Rs 2.6 lakh crore.


PTI
September 28, 2017
The government's digital payments push, mainly online card payments through PoS machines, may leave already capital starved banks bleed by a whopping Rs 3,800 crore annually, warns a report.


DR MAHESH GUPTA
New Delhi, January 19, 2017
The Indian economy was growing at a healthy pace of 7.6%, when the demonetization drive suddenly slowed down the pace of the economy. Liquidity issues are impacting businesses, especially where the cash transactions were dominant. For Example - FMCG Sector, Automobiles, Real Estate etc.


Navroze Dastur
December 8, 2016
The low literacy rates in rural India, along with the lack of infrastructure like internet access and power make things extremely difficult for people to adopt e-transaction route.


Anand Adhikari
October 20, 2016
The National Payment Corporation of India (NPCI), an umbrella organization for all retail payments  system in India, said on Thursday that there are as many as 19 banks that have reported the fraudulent withdrawal from debit cards.


PTI
New Delhi, May 27, 2016
The Reserve Bank noted while the POS terminal infrastructure in the country has been enabled to accept and process EMV Chip and PIN cards, the ATM infrastructure, on the whole, continues to process the card transactions based on data from the magnetic stripe.


Anand Adhikari
January 6, 2015
Foreign banker Romesh Sobti, 64, has transformed IndusInd Bank in the last six year. The MD and CEO talks about the bank's 20-year journey with Business Today.


Anand Adhikari
February 12, 2014
The range of uses of the debit card has not yet been understood in India. \"Debit card usage has mostly been confined to withdrawing money from ATMs,\" says Uttam Nayak , Country Head (India & South Asia), VISA.


PTI
New Delhi, November 30, 2013
In June, the Reserve Bank of India had extended the deadline for the implementation of mandatory PIN punching at Point-of-Sales (PoS) and merchant outlets till November 30 following representation of banks.


Anand Adhikari
February 5, 2008
HDFC Bank has emerged as #1 for the 5th year running. What is the secret formula that keeps it ahead, year after year?


Anand Adhikari
January 7, 2008
If cash is going out of fashion, thanks to the credit card, it won’t be long before plastic makes way for another payment system. And this one could well be in your mobile handset.


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